FRANKLIN TEMPLETON MUTUAL FUND ANNOUNCES CHANGE IN EXIT LOAD STRUCTURE

Published on Jan 07, 2025 12:28

Franklin Templeton Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 06 January 2025

Change in Exit Load:

Name of the Scheme	Existing Provisions	Revised Provisions
Franklin India Arbitrage Fund	0.25% if redeemed / switched out within 30 days from the date of allotment and Nil thereafter	In respect of each purchase of Units � � NIL Exit load � for 10% of the units purchased or switched on or before 30 days from the date of allotment. o The �First In First Out (FIFO)� logic will be applied while selecting the units for redemption o Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows o The load free units from purchases made subsequent to the initial purchase will be available only after redeeming all units from the initial purchase � All units redeemed /switched-out in excess of the 10% load free units will be subject to the below mentioned exit load. o 0.25% - if Units are redeemed/switched-out on or before 30 days from the date of allotment o Nil - if redeemed after 30 days from the date of allotment